iarapilot

Just like the doomsday BS about Chinese pilots flying our Asia stuff if we don't pass FDA LOA1. It has been a hard sell since, and they have never admitted that maybe it wasn't a very good agreement. Fool me once....

Shaman

it would have been one thing if management had come to the our representation and said, "we've got this plan we want you to take a look at" and WE evaluated "THEIR" plan with the understanding that there need be a Quid Pro Quo.

This is NOT the situation that we find ourselves in.

I cannot think of one single valid reason to consider this proposal now and the folks negotiating this haven't given me one either.

We should not be discussing the merits of what ever plan may or may not exist because or some theoretical benefit one might achieve.

We REALLY REALLY REALLY should not be doing this!!! Since we apparently have no say in that decision. We need to be prepared to contest the propaganda machine that already has some considering this action.

We are negotiating from a very weak position. No benefit anyone receives from this will be worth it.

Sloper

ISWYDT!!! Perfect!!!

HIFLYR

But what if is good enough for my family, is that not the standard you used to vote for the contract? How many of the screw the 25 plus guys " it's not just them BTW anyone who retires or has to retire under this contract" have another retirement?

BTW I am not saying I am for this, it does not hurt to listen and the info gather by the union can bee used in the next negotiations if nothing comes of this.

RMFedex

I hear a lot of talk about waiting for section 6 to negotiate anything for retirement. I understand that some might think that changing the retirement could be used as leverage. I also fear that a more concessionary retirement could get voted in during section 6 if enough "improvements" in other areas are thrown in to appease 50.00001%.

Discussing retirement outside section 6 allows this very big issue to be evaluated solely on it's own merits.

At this point we don't have enough to say yes or no because we have no specifics. I would reserve judgment until we have specifics.

Fdxlag2

My post was in response to another post and is appropriate as response to it.

I certainly expect people to vote how it effects them, don’t you?. Actually the standard I used for my yes vote is this is the best we will get for at least 18 months and the pilots as a whole had unrealistic expectations for A Fund improvements. It is not us that prevents improvements, it is the 2000 new hires between 2015 and 2025. The company has already invested the billions to fund our retirement.

SaltyDog

What leverage does your team have negotiating this single topic?

Fdxlag2

Don't believe me on the A Fund costs ask ALPA. It is a fact of life that under the PBGC rules the first ten years are the most expensive for funding an A Plan for a new employee.

PeterGriffin

I think the problem here, is that any "savings" the company gets out of this deal, MUST be put back into our contract somewhere else, pay rates, reduced health care costs to us, etc. The cost of our current A plan is part of our "slice of the pie" that we have negotiated long and hard for over the years. We darn well not even think about giving back any of that pie. That's the issue with negotiating only this section...

busdriver12

We could get it put back into the retirement section, at least much of it. I'm assuming if the company doesn't get something from it, they won't be interested. However, put it back into retirement via these avenues:

COLA to the A plan
Increased B fund
Profit sharing
Cash over cap
Lump sum buyout at retirement